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Search Results 0 to 6 of about 7 (some duplicates have been removed)
FOX Business
Jan 31, 2013 4:00pm EST
, go ahead, we have breaking news. rich: the senate has voted to raise the debt ceiling through may 18. this also has a provision that says in the senate doesn't pass a budget, the senators don't get paid, house lawmakers don't get paid after april 15. they don't get paid until the end of congress and are made whole at the end of the congress in 2014. the bill goes to the president's desk raising the debt ceiling so treasury can extend that sometime to july or august. david: a quick question in terms of defense, we will be talking about how defense cutbacks are hurting individual jobs in individual sectors and does this affect defense spending directly? >> this moves the debt ceiling fight the back. now march 1, automatic spending cuts and defense and other programs begin to hit and government spending on march 27. next up, defense spending will be a topic of conversation in d.c. and congress. david: rich edson, thank you from d.c. liz: the chief strategist in the pits of the cme. right now i would love to sit here and talk about the trading action for today. the last day of january, i
CNBC
Jan 24, 2013 7:00pm EST
back in the driver's seat because they cooperated on raising the debt ceiling. they forced the senate democrats to put up a budget. the next thing will be the continuing resolution, short term spending cuts. i think the gop by stopping taxes is back in play, they are back in play. >> i love your optimism, larry. i wish i could be jumping up and down with you. but i'm afraid the republicans are in full retreat. i'm hoping -- i know they won't agree to this tax increase. the senator is absolutely right. but the problem is the democrats are using this as another opportunity to put republicans of throwing granny off the cliff, caring only about their millionaire and billionaire buddies. patty murray said we'll put it on the people who best can afford it. it worked for president obama, the democrats, like the cbs news political director said is to go for the jugular, to cut the throat to destroy republicans. this is not about achieving a budget or growing jobs. it's about destroying the opposition so they can continue grow the size of the federal government, continue to increase deficits a
FOX Business
Jan 24, 2013 4:00pm EST
raise the debt ceiling but the problem far from over. former fed vice chair alan blinder tells us why the debt ceiling is scarier than the fiscal cliff. ♪ . ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ male announcer ] it was designed to escape the ordinary. it feels like it can escape gravity. ♪ the 2013 c-class coupe. ♪ starting at $37,800. ♪ sandra: time for a look at today's market drivers. it was a mixed day on wall street. the dow and s&p 500 extending gains while the nasdaq lost ground. the dow finishing higher for
CNBC
Jan 29, 2013 6:00am EST
to increase the debt ceiling every time it's reached, refuse to raise it at some point and don't know? you can see 86% are saying that congress will raise the debt ceiling every time it's reached this year, when i think about some of the reasons why stocks have gotten higher because i think that thread along with the fiscal cliff has come out of the market and that there's overwhelming sentiment that coss i solve the get problem. we asked wall street to grade our treasury secretary going out and one coming in. you can see a pretty strong sentiment that he was a seed secretary with a 2.2. jack lew, the sentiment there. 2.0. one more thing on the deficit i just want to say and maybe this is worthy of discussion here. i think this is a sign that things have improved, at these economists and guys on wall street are saying we should solve the deficit and do it now. i think if things were as bad as they were say the last couple years there might be less sense that we urgently need to fix the deficit problem. mike england from action economics said if we don't solve it now we'll get to the next cycle
CNBC
Jan 31, 2013 6:00am EST
. those amendments expected to be defeated. the bill won't technically raise the debt ceiling, but it will suspend it until may 19th when it will be raised by the amount that the treasury borrows in the interim. that's how it's going to work. and markets, as we've been talking about on a tear this month with the dow having its best january in decades. but will yesterday's surprising drop in gdp reign in the bulls, it says here? let's get a read on the state of the economy. at least it wasn't a -- that kind of rein. there's three of them. anyway, joining us for the next hour is bob bruska. that's fao -- >> no. you cannot. >> fao economics. as becky said at the top, things are going to go really well or the market is going to have an '87 crash. >> i like the binary outlook. >> everything you said was so good until you gout to that point. >> he usually wears one of these very clever ties. >> i'm not going to give him any -- >> there you go, joe. >> you didn't forget because you are getting up there. >> up there? >> close to his age. >> i have to put it out the night before. >> i
MSNBC
Jan 28, 2013 2:30am PST
that in eight years. the props for the market show that hopes for a debt ceiling will happen. germany and china are looking pretty good. you mention the corporate earnings. 68% of the companies are beating expectations. the questions you raise are very relevant. questions about whether the etf money is still coming into the market. durable goods and home sales and on wednesday we get the gdp figures which could keep the rally. >> we always keep tabs on the auto industry. pretty big news overnight from toyota? >> yes. they're number one globally between 2008 and 2010 in terms of vehicles sold. they got that crown back again this year in 2012 with 9.75 million vehicles sold. what's amazing about their retaking the number one position is they did it without china. they saw a 4.9% drop in china because of a territorial dispute between china and japan. they are looking for above average growth in 2013. very impressive status. >> steve, thank you very much. steve sedgwick, live in london. let us know why you're awake. give us an e-mail or tweet us@bshacklin. we'll read the best responses. still on "w
Search Results 0 to 6 of about 7 (some duplicates have been removed)